Big builders going to the wall

Germanshepherdsmum

It’s up to planning authorities to ensure that all necessary infrastructure for a development is provided, either onsite or by way of a financial contribution to enable provision offsite where appropriate. Don’t blame the developers, blame the planners!

There is a large development close to us that cannot begin because of infrastructure demands, latest proposals from the developer is to treble the size, that’s raised a few eyebrows.

Developers profits get a lot of attention, this particular developer is owned by one of the pension funds and the profit it makes may be paying your pension !!.

As we drove home from a weekend away yesterday we passed many new estates, it was surprising to see none of the new build properties had solar panels on the roof.
I would have thought that it would have been almost compulsory now.

Sounds like that developer has some negotiating to do Katie, in order to make the development viable.

Sago

As we drove home from a weekend away yesterday we passed many new estates, it was surprising to see none of the new build properties had solar panels on the roof.
I would have thought that it would have been almost compulsory now.

I think so too.

Seems most problems are to protracted archaeological assessments.

Germanshepherdsmum

Sounds like that developer has some negotiating to do Katie, in order to make the development viable.

A new road is needed and they are a mere £80m short !!.

Callistemon21

Sago

As we drove home from a weekend away yesterday we passed many new estates, it was surprising to see none of the new build properties had solar panels on the roof.
I would have thought that it would have been almost compulsory now.

I think so too.

They have a target energy efficiency, fuel/insulation/solar. They can meet the target without solar, maybe the standards will be changed. One issue is if everyone had solar it would overload the grid on a sunny day, batteries are really needed to balance supply but that’s costly.

Katie59

Germanshepherdsmum

Sounds like that developer has some negotiating to do Katie, in order to make the development viable.

A new road is needed and they are a mere £80m short !!.

This should be reflected in the land value. It’s standard practice for developers to agree to buy land conditional on receipt of satisfactory planning permission. I have drafted and exchanged many such contracts, This evidently isn’t a satisfactory permission so the landowner, developer and planners need to talk. The landowner will want to sell, the developer will want to build and sell, and the planning authority will have a housing quota to meet.